Silicon Valley Journals 
Chariot, a New York City-based payments company focused on Donor Advised Fund (DAF) giving, has raised $11 million in a funding round led by Maveron. Other participants include Spark Capital, SV Angel, Y Combinator, and notable angel investors Adam Grant, Angela Duckworth, Michael Massaro, and Daffy founder Adam Nash. The funds will be used to … Read more
IDRx, a Plymouth, MA-based clinical-stage biopharmaceutical company, has raised $120 million in Series B funding. The round was led by RA Capital Management, Commodore Capital, and Blackstone Multi-Asset Investing, with participation from new investors Rock Springs Capital and a U.S.-based healthcare-focused fund. Existing investors, including Andreessen Horowitz (a16z) Bio + Health, Casdin Capital, Nextech Invest … Read more
MPAY, a Cornelius, NC-based provider of payroll and human capital management (HCM) solutions, has acquired Southland Data Processing, a company known for delivering comprehensive payroll services. The financial details of the deal were not disclosed. The acquisition will allow MPAY and Southland Data Processing (SDP) to combine their resources, technology, and talent, leveraging their collective … Read more
C Infinity Solutions LLC, an Alamo, CA-based technology consulting and digital engineering services firm, has completed its merger with Corgibytes LLC, a Richmond, VA-based software development company specializing in modernizing and maintaining custom software applications. As a result of the merger, Corgibytes’ clients and engineers will join C Infinity Solutions and continue their services under … Read more
Linked Eats, a Los Angeles-based provider of third-party delivery revenue management software for restaurants, has acquired Sauce Technologies, a company specializing in AI-powered solutions for digital ordering. The financial terms of the deal were not disclosed. This acquisition will enable Linked Eats to integrate innovative features across marketing and demand forecasting into its platform. Sauce … Read more
Cala Systems, a Boston-based company specializing in intelligent heat pump water heaters, has raised $5.6 million in Seed funding. The round was led by Massachusetts Clean Energy Center (MassCEC) and Clean Energy Venture Group, with participation from Burnt Island Ventures, Leap Forward Ventures, CapeVista Capital, Collaborative Fund, and Climate Capital. The funds will be used … Read more
Avoli, a Portland-based athletic brand focused on the performance needs of women and girl volleyball athletes, has closed a $2.1 million funding round. The round included contributions from Ho Nam, Managing Director and Co-Founder at Altos Ventures; Blythe Jack, former Managing Director at TSG Consumer Partners and Rosewood Capital; and Pete Saperstone, Partner at Greycroft … Read more
H3X, a Denver-based manufacturer specializing in high power density electric motors, has secured $20 million in Series A funding. The round was led by Infinite Capital, with participation from Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures, and TechNexus. CEO Jason Sylvestre leads H3X in … Read more
Abnormal Security, a San Francisco-based AI-native human behavior security company, has closed its Series D funding round, raising $250 million and achieving a valuation of $5.1 billion. Wellington Management led the round, with participation from existing investors Greylock Partners, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund. The company plans to use the funds to … Read more
Octane (Octane Lending, Inc.), a fintech company based in NYC that enhances the buying experience for significant recreational purchases, has raised $50 million in a Series E funding round. Led by Valar Ventures with participation from Upper90, this round brings Octane’s total funding to $242 million. The funds will be used to accelerate Octane’s expansion … Read more